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11min chapter
A16z 2024 State of Crypto Report | Eddy Lazzarin & Daren Matsuoka
Bankless
Crypto's Political Pulse
This chapter examines the evolving landscape of the cryptocurrency market, noting the growing number of users and the political implications as the U.S. presidential election approaches. It highlights the rising interest in crypto among voters in key swing states and analyzes data trends that suggest cryptocurrency could play a significant role in electoral outcomes. The discussion also emphasizes the importance of stablecoins in the global economy, particularly their potential to reinforce the U.S. dollar's dominance and address issues of currency debasement in countries like Argentina.
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